Westmount Partners LLC Has $9.65 Million Position in Amazon.com, Inc. $AMZN

Westmount Partners LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,818 shares of the e-commerce giant’s stock after acquiring an additional 4,307 shares during the period. Amazon.com makes up approximately 2.4% of Westmount Partners LLC’s portfolio, making the stock its 8th largest position. Westmount Partners LLC’s holdings in Amazon.com were worth $9,652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. State Street Corp raised its stake in shares of Amazon.com by 2.0% in the third quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock worth $83,805,794,000 after purchasing an additional 7,584,156 shares during the last quarter. Geode Capital Management LLC grew its position in Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares during the period. Norges Bank bought a new stake in Amazon.com in the 2nd quarter worth approximately $27,438,011,000. Finally, Northern Trust Corp grew its position in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 5.6%

Shares of Amazon.com stock opened at $233.65 on Friday. The company’s fifty day simple moving average is $211.98 and its 200-day simple moving average is $224.05. The stock has a market capitalization of $2.51 trillion, a PE ratio of 32.59, a P/E/G ratio of 1.66 and a beta of 1.38. Amazon.com, Inc. has a 1-year low of $165.29 and a 1-year high of $258.60. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the transaction, the chief executive officer owned 522,361 shares in the company, valued at approximately $107,512,341.02. This trade represents a 1.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 72,686 shares of company stock worth $14,899,239. Insiders own 9.70% of the company’s stock.

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: AI & custom?chip momentum: CEO Andy Jassy disclosed AWS AI revenue at a >$15B annual run?rate and said the chips business exceed a $20B run?rate (with upside potential), which reframes AWS as a faster?growing, higher?margin growth engine that could widen multiples. Article Title
• Positive Sentiment: Capex tied to revenue expansion — data center investments: Amazon announced large new data?center buildouts (Mississippi investments) to support its AI/cloud expansion; investors see this as backing for AWS growth and greater long?term revenue capture. Article Title
• Positive Sentiment: New retail/pharmacy revenue catalyst: Amazon Pharmacy began same?day delivery of Eli Lilly’s GLP?1 pill (Foundayo) and will stock it at kiosks — a practical revenue/footprint win for pharmacy and same?day retail. Article Title
• Positive Sentiment: Analyst upgrades/price target lifts: Multiple firms raised ratings/targets after the shareholder letter and revenue disclosures, which supports near?term demand from institutional buyers. Article Title
• Neutral Sentiment: Globalstar talks (speculation): Reports that Amazon is in talks to acquire Globalstar could create a transformational connectivity angle — but the strategic fit and price tag mean the market reaction will hinge on deal detail. Article Title
• Neutral Sentiment: Regulatory/partner focus: Reports that DOJ/industry probes and NFL streaming issues have Amazon in the mix — watch for clarifying details; impact unclear for AWS/Prime TV but could add near?term volatility. Article Title
• Negative Sentiment: Very large capex and margin pressure: Management’s $200B+ AI?related capex plan and heavy P&E spend have trimmed free cash flow and keep near?term margin and cash?flow scrutiny elevated; some investors worry spending could pressure returns if revenue execution lags. Article Title
• Negative Sentiment: Customer backlash & product support risk: Amazon announced ending support for older Kindle devices, which has attracted negative press and could dent goodwill among long?time customers (limited direct financial impact but reputational noise). Article Title

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Bank of America cut their target price on shares of Amazon.com from $303.00 to $286.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Stifel Nicolaus set a $300.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on shares of Amazon.com from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Piper Sandler reaffirmed an “overweight” rating and issued a $260.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Finally, Arete Research lifted their target price on shares of Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $287.39.

Amazon.com Company Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.